Enron Mail

From:edward.sacks@enron.com
To:sara.shackleton@enron.com
Subject:Re: Energy New England LLC ("ENE")
Cc:brant.reves@enron.com
Bcc:brant.reves@enron.com
Date:Mon, 12 Feb 2001 23:29:00 -0800 (PST)

In our previous dealings, the counterparty never responded to the proposed
EEI Master Energy Purchase and Sale Agreements. Concepts like margining were
not understood and there was even a case whereby we tried to margin them and
they failed to post. Jim Delany at ENE has tried to reignite the EEI
discussions, but I'm not very interested until I get their comments to our
original EEI. Let me know if I can be of assistance.




From: Sara Shackleton@ECT on 02/12/2001 10:21 AM
To: Edward Sacks/Corp/Enron@Enron, Brant Reves/HOU/ECT@ECT
cc:

Subject: Energy New England LLC ("ENE")

Ed & Brant:

I'm being hounded by ENE but no Enron traders seem interested. Brant
prepared a new worksheet based upon which we sent a new ISDA. ENE
"represents" four municipal utilities and is trying to negotiate ISDA's on
behalf of those utilities. I think the agent is off-base and I'm not sure
that any of the utilities really want to trade financial.

Ed, Shari suggested that you may have some insight into ENE. Should I drop
this one altogether? Or are we interested in pursuing?

Either Ed or Brant please let me know. Thanks.




Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com